Enersys (NYSE:ENS) Shares Gap Up on Earnings Beat

Enersys (NYSE:ENS) gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $214.56, but opened at $232.79. Enersys shares last traded at $234.5030, with a volume of 217,614 shares.

The industrial products company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $3.00 by $0.19. Enersys had a return on equity of 21.27% and a net margin of 8.37%.The business had revenue of $987.94 million during the quarter, compared to the consensus estimate of $973.84 million. During the same quarter in the previous year, the firm earned $2.97 earnings per share. Enersys’s revenue for the quarter was up 1.4% compared to the same quarter last year. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS.

Enersys Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 19th will be issued a dividend of $0.2625 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.05 annualized dividend and a dividend yield of 0.5%. Enersys’s dividend payout ratio (DPR) is 13.01%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ENS shares. Wall Street Zen downgraded Enersys from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. BTIG Research boosted their target price on shares of Enersys from $185.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research report on Friday, April 24th. TD Cowen started coverage on shares of Enersys in a report on Thursday, March 19th. They set a “buy” rating and a $190.00 price target on the stock. Finally, Roth Mkm reissued a “buy” rating and issued a $208.00 price objective (up from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $196.50.

Hedge Funds Weigh In On Enersys

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC bought a new stake in Enersys during the third quarter valued at $25,000. CIBC Private Wealth Group LLC raised its position in shares of Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 98 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Enersys by 442.2% in the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 199 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of Enersys during the 4th quarter valued at about $30,000. Finally, SBI Securities Co. Ltd. boosted its position in shares of Enersys by 239.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 151 shares in the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Stock Performance

The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72. The stock has a fifty day simple moving average of $193.90 and a two-hundred day simple moving average of $169.52. The firm has a market capitalization of $8.43 billion, a P/E ratio of 28.49, a P/E/G ratio of 1.21 and a beta of 1.17.

Enersys Company Profile

Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.

The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.